Goldman Sachs plans leveraged index-linked notes on S&P 500 index

By Susanna Moon

Chicago, June 17 - Goldman Sachs Group, Inc. plans to price 0% leveraged index-linked notes based on the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be due between 24 and 27 months after issue.

The payout at maturity will be par plus triple any index gain, up to a maximum settlement amount of $1,360 to $1,420 per $1,000 principal amount.

Investors will be exposed to any losses.

The exact deal terms will be set at pricing.

Goldman, Sachs & Co. is the underwriter.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.